US stock markets nosedive: Trump causes historic losses in America

t-online US stock markets nosedive: Trump causes historic losses in America Daniel Saurenz • 2 hours • 3 minutes read Nosedive on Wall Street Trump makes America the biggest loser of all Donald Trump and an autoworker: Will the US President's tariffs benefit or harm the economy? MEGA instead of MAGA: "Make Europe great again" should be the headline for the first weeks of Donald Trump's term in office. There are data that speak louder than any words about tariffs, deportations, or consumer sentiment. The first quarter of 2025 was the worst quarter for US companies on the international financial markets since 2002, relative to the rest of the world. For 23 years, the Americans haven't fared so poorly compared to the rest of the world. "This is the easiest thing for German investors to remember," says Vanyo Walter of RoboMarkets. "Just a few months ago, the Nasdaq was significantly ahead of the DAX in terms of points, and now it's 3,000 points behind, which is a landslide." The price losses on Wall Street have now alarmed even the most financially sceptical – even newspapers that usually barely cover stocks are now focusing on the S&P 500's slump and the dual fate of the MSCI World. On the one hand, the MSCI heavily weighted US stocks, and on the other, for Europeans, it suffered from the sudden weakness of the US dollar. About Daniel Saurenz Daniel Saurenz is a financial journalist, a passionate stock market investor, and the founder of Feingold Research. He and his team have more than 150 years of stock market experience and combine stock market psychology, technical analysis, product and market expertise. He writes about investments and the state of the markets for t-online. You can reach him on his portal www.feingoldresearch.de. Read all guest articles by Daniel Saurenz here. Since its record high on February 19, the S&P 500 has already lost ten percent – ​​the sharpest decline in this period since March 2020. The once-celebrated tech giants have fallen from grace. Nearly $5.5 trillion in market value has been lost from the S&P 500 since its February peak, a considerable portion of which – $2.4 trillion – comes from its "tech Achilles heel" alone. The "Magnificent Seven," once the pride of the market, are currently more of a burden. Only Meta has fared relatively well. The situation is different for Alphabet, Amazon, and Microsoft. "All of these tech giants have lost around 20 percent of their value since their record highs, while Nvidia has lost 30 percent," says expert Walter. Tesla leads the list of losers: The electric car manufacturer has lost a good 50 percent of its value in the last 53 days.